AUDUSD seems to be taking a breather before resuming its upward trend and head back to its target at 0.9350 level. The current retracement dip is expected to go to 0.9275 level and if the retracement dip is extended, we might see AUDUSD touching 0.9200 level.
Mostly traders in current scenario will be looking to buy AUDUSD on dips to its retracement levels below 0.9300 level for a nice move towards 0.9350 level.
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